GFM Network News

(Dave Bedard photo)

Cargill to sell two Texas feedlots

Reuters — Cargill, a top U.S. meat processor, said Friday it will sell two Texas beef cattle feedlots to Amarillo-based Friona Industries pending final agreements and regulatory reviews. Under the deal, Friona will acquire Cargill’s cattle feedlots at Bovina and Dalhart, Texas. Cargill said in a statement it will retain ownership of its cattle feedyards […] Read more

Cattle in a fenced area.

Texas economist sees two more years of high cattle prices

Analysis: Beef production seen down six per cent for 2014 and another four per cent for 2015

Reading Time: 3 minutes For beef cattle prices to continue their record run, the 2014 U.S. corn crop will have to produce record yields, according to a Texas A&M AgriLife Extension Service economist. That aside, the 2014 beef cattle market outlook is poised for another historic run as lack of supply will continue to fetch strong bids on calves. […] Read more